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Simple Real Estate Lease basics

Having a Real Estate Lease is a critical part of starting a good landlord-tenant relationship. This document is simple to make and includes all necessary provisions including terms, security deposit information and disclosures.

Use the Simple Real Estate Lease document if:

You are a professional property manager who needs a lease agreement for multiple units.

You want to rent a room or a portion of your home to a tenant.

This document can be made, saved, shared and signed online using Rocket Lawyer's document services. Of course, the completed document can also easily be printed from your account. This agreement is suitable for homes, apartments, condos, motor homes or single rooms.

Other names for a Simple Real Estate Lease Agreement:

Real Estate Lease Agreement, Simple Lease Agreement

What is a Simple Real Estate Lease Agreement?

A Simple Real Estate Lease Agreement outlines the agreements between a landlord or property management company and a tenant. It includes information about the amount of rent and deposits, terms of the lease, a description of the property and more. The document defines both the landlord's and the tenant's rights and responsibilities. It also includes useful information such as who to contact if there are issues.

What's included in the document

This document includes 45 lease provisions plus an inspection checklist and a lead-paint disclosure. Most of the provisions are included automatically so you do not have to fill in a lot of information to complete it. You likely already have all the information available that you'll need to make this lease document. But if not, here is the information you need to fill in this form:

Location and description of the property

Beginning and end date of the lease

Amount of rent and security deposit

Rent due date and late date

Contact information for renter and landlord

Number of occupants and how long guests can stay

Furnishings supplied, if any

Parking and storage information

Information about what to do if the tenant locks themselves out

What utilities the renter needs to pay

Termination terms

Insurance requirements

Possible repair costs

Process for quitting lease

Lead paint information

Does everyone need to include a lead-paint disclosure?

In 1992 Congress passed the Residential Lead-Based Paint Hazard Reduction Act (also known as Title X). It was intended to protect renters from lead paint or dust. Lead paint was often used in residential buildings before 1978. If you are leasing older properties, you'll likely need to include a lead-paint disclosure. If you have had work done on the property, performed by a certified contractor, keep the paperwork for your records in case you need to prove later that the work was done correctly.

More about credit and background checks

It is prudent for most property managers to require credit and background checks before they enter a lease agreement. Obtaining the reports is not free, but you can ask the applicant to cover the cost of the fees. A credit check will show information such as name variations, address history, employers, credit accounts and loans, and public records (such as collections). You can also obtain their credit score. In a competitive market, you can exclude those with lower credit scores. In an area with a lot of vacancies, landlords will often just require a larger deposit from those with marginal scores. As a general guideline, a score of 650 or higher is usually considered good and scores in the 500s would be considered marginal. Regarding the background portion, there may be local laws in place that may prohibit you from excluding those with a criminal record. You can ask a real estate attorney about any local laws that you should be aware of.

We offer all types of landlord documents, if you need another type of real estate agreement like a Rental Application, Pet Addendum or Late Rent Notice see our Landlord documents section. If you need to lease a commercial property, try our Commercial Real Estate Lease.

Sample Simple Real Estate Lease

More than just a template, our step-by-step interview process makes it easy to create a Simple Real Estate Lease.

Save, sign, print, and download your document when you are done.

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Simple Real Estate Lease basics

This document can be made, saved, shared and signed online using Rocket Lawyer's document services. Of course, the completed document can also easily be printed from your account. This agreement is suitable for homes, apartments, condos, motor homes or single rooms.

Other names for a Simple Real Estate Lease Agreement:

Real Estate Lease Agreement, Simple Lease Agreement

What is a Simple Real Estate Lease Agreement?

A Simple Real Estate Lease Agreement outlines the agreements between a landlord or property management company and a tenant. It includes information about the amount of rent and deposits, terms of the lease, a description of the property and more. The document defines both the landlord's and the tenant's rights and responsibilities. It also includes useful information such as who to contact if there are issues.

What's included in the document

This document includes 45 lease provisions plus an inspection checklist and a lead-paint disclosure. Most of the provisions are included automatically so you do not have to fill in a lot of information to complete it. You likely already have all the information available that you'll need to make this lease document. But if not, here is the information you need to fill in this form:

Location and description of the property

Beginning and end date of the lease

Amount of rent and security deposit

Rent due date and late date

Contact information for renter and landlord

Number of occupants and how long guests can stay

Furnishings supplied, if any

Parking and storage information

Information about what to do if the tenant locks themselves out

What utilities the renter needs to pay

Termination terms

Insurance requirements

Possible repair costs

Process for quitting lease

Lead paint information

Does everyone need to include a lead-paint disclosure?

In 1992 Congress passed the Residential Lead-Based Paint Hazard Reduction Act (also known as Title X). It was intended to protect renters from lead paint or dust. Lead paint was often used in residential buildings before 1978. If you are leasing older properties, you'll likely need to include a lead-paint disclosure. If you have had work done on the property, performed by a certified contractor, keep the paperwork for your records in case you need to prove later that the work was done correctly.

More about credit and background checks

It is prudent for most property managers to require credit and background checks before they enter a lease agreement. Obtaining the reports is not free, but you can ask the applicant to cover the cost of the fees. A credit check will show information such as name variations, address history, employers, credit accounts and loans, and public records (such as collections). You can also obtain their credit score. In a competitive market, you can exclude those with lower credit scores. In an area with a lot of vacancies, landlords will often just require a larger deposit from those with marginal scores. As a general guideline, a score of 650 or higher is usually considered good and scores in the 500s would be considered marginal. Regarding the background portion, there may be local laws in place that may prohibit you from excluding those with a criminal record. You can ask a real estate attorney about any local laws that you should be aware of.

We offer all types of landlord documents, if you need another type of real estate agreement like a Rental Application, Pet Addendum or Late Rent Notice see our Landlord documents section. If you need to lease a commercial property, try our Commercial Real Estate Lease.

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